TaxTMI 
TaxTMI 
COMMISSION PAYMENT
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....OMMISSION PAYMENT<br> Query (Issue) Started By: - nandankumar roy Dated:- 5-11-2018 Last Reply Date:- 20-12-2018 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>WE ARE PAYING COMMISSION TO PARTY AS A SALES COMMISSION : PARTY IS NOT REGISTERED TO GST AS THEIR ALL TRANSACTION WITH IN TURNOVER LIMIT 20 LACS CITERIA 1ST PARTY INTRA STATE AND PAYING 7 LACS 2ND PARTY INTERSTATE AND PAYING 9 ....
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....LACS WHAT WILL BE IMPACT ON TRANSACTION IN GST REGIME AND WHETHER ANY LIABILITY ARISE IN FUTURE WITH US . PL HELP REGARDING THIS MATTER WHO HAVE CLEAR IDEA AND ADVANCE THANKS. N K ROY Reply By Nandan Khambete: The Reply: No impact in GST till 30.9.2019 as RCM for 9(4) CGST is deferred till 30.09.2019. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: If your threshold limit is increased then de....
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....finitely it will have an impact. Reply By mohan sehgal: The Reply: What is the scene when the commission receiver has aggregate commission received for the full financial year is 8 lakhs and he is also doing retail business of Trading where his annual turnover is more than ₹ 20 Lakhs and he is registered under GST. Whether he has to raise Bill for commission received ₹ 8 lakhs and c....
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....harge 18 % GST.....as i understand the turnover shall be clubbed for both the services rendered and trading of goods;which are both in his legal name. Reply By mohan sehgal: The Reply: POLITE REMINDER TO RESPOND<<DEAR EXPERTS. THANKS. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: The turnover should be clubbed. Invoice is to be issued for commission claiming GST<br> Discussion Forum - Knowle....
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....dge Sharing ....